From Participation To Ownership - WEC 2019 · 2019. 11. 27. · Attract | Develop | Retain...

womeng.orgAttract | Develop | Retain

From Participation To OwnershipHema VallabhNovember 2019

Our mission is to develop a

more gender diverse & inclusive

engineering workforce through

education & technology.

STEM Opportunity

STEM is a future skill requirement yet, only 11% of engineers are women.

Even fewer own businesses in STEM

With a supply challenge we have a unique business opportunity.

What We Do1. Attract, develop and retain

women in engineering through programmes & capacity building

2. Bespoke advisory & consulting to our partners and use technology to scale our offerings.

3. In-person experiential learning & a virtual learning platform to connect collaborate and seek new opportunities for women in engineering.

4. Building the largest online portal for women in STEM.

1st Full Pipeline Solution

Partnerships

Achieving The SDGs

Impact | Global Footprint

The World is Changing

How do we move from

Participation to OWNERSHIP?

CEO’s in Africa raising capital

When it comes to servicing the needs of women entrepreneurs, we are doing badly! From non-existent co-working spaces to financing.

Therein lies the opportunity

Its Lonely Out There for Female founders

Over 5 years, female founders in Africa received 0,0002% of what is

invested in US ventures in a year.

What do STEM Female founders need

Access to working capital & financial skills

Dealing with sexual harassment & engendered Issues

More venture clinics & product support

Legal & operational Support

Case Study: Africa Innovation Fellowship

Our MissionIncubate female founders in engineering and

tech across Africa.

Senegal

South Africa

Namibia

Botswana

Zimbabwe

Zambia

Tanzania

Ethiopia

SudanChad

Nigeria

Cote D’Ivoire

Burkina Faso

Cameroon

Uganda

Lesotho

Eswatini

Malawi

Sierra Leone

Burundi

Rwanda

• 173 eligible applications from Sub-Saharan Africa.

• Applications were received from applicants across 24 Sub-Saharan African countries.

• Innovations based in 21 of these countries.

NigeriaKenya

UgandaSouth Africa

GhanaZimbabwe

MalawiTanzania

CameroonBotswana

RwandaZambia

NamibiaMali

SénégalBurundiLesotho

SudanEthiopiaEswatini

Côte d'IvoireBurkina Faso

ChadSierra Leone

Our Reach:

Business Across Africa

Applicants have innovations at all key business development stages with the

majority of applicants at prototype stage.

Prototype

Established

Scaling

6 out of 10 applicants learnt about applications via social media.

6 out of 10 applicants are part of a team.

4 out of 10 applicants have an existing business mentor.

6 out of 10 applicants have a registered business.

Impact Through InnovationThe top 3 goals that female engineering and tech founders are working on

in Africa: SDG 9 (Industry, Innovation and Infrastructure); SDG 8 (Decent

Work and Economic Growth) and SDG 3 (Good Health and Well-Being).

Capital Needed

Capital Raised

Funding Sources

Personal Funds

Friends and Family

Grants

Awards & Competitions

Accelerators

< £1 000

£1 000 - £10 000

£10 000 - £100 000

> £100 000

< £1 000

£1 000 - £10 000

£10 000 - £100 000

> £100 000

Funding Female Founders

Capital Needed: The median

capital needed by applicants to

start/grow their business is £15 240.

Capital Raised: The highest

individual capital raised is £190 618.

Top 5 Funding Sources:

1. Personal Funds

2. Family and Friends

3. Grants

4. Awards and Competitions

5. Accelerators

Our Fellows

Rwanda

Nigeria

Uganda

Rwanda

South Africa

Cameroon

Sénégal

Tanzania

Burkina Faso

Zimbabwe

Botswana

Prototype

Established

Scaling

14 Nationalities with Innovations in all 4 business stages, primarily working on

SDG 8, 9 & 10.

Africa Innovation Fellowship Training Week Activities

Language, Values and Culture

No Impact

Little Impact

Fair Impact

Considerable

High Impact

100% of Fellows responded they were considerably to highly impacted by the session.

Mentorship Matters

No Impact

Little Impact

Fair Impact

Considerable

High Impact

Understanding your Business Challenges

No Impact

Little Impact

Fair Impact

Considerable

High Impact

Communicating with Influence

No Impact

Little Impact

Fair Impact

Considerable

High Impact

Getting Comfortable with Change

No Impact

Little Impact

Fair Impact

Considerable

High Impact

100% 100%

Building your Business Brand

No Impact

Little Impact

Fair Impact

Considerable

High Impact

Top Rated Sessions

Biggest Take Away by Fellows

The network and supportive environment developed 30%*

Increased self-belief and confidence 22%

Implementing what has been learnt 13%

Understanding one's personal and business mission better 9%

Understanding vulnerability as a strength 4%

Professionalism 4%

The importance of branding 9%

Understanding how to run a business better 4%

The personalisation of the programme for the Fellows 4%

Scaling Your Business Idea session by Bosun Tijani 4%

Post Training Week

*The % of Fellow mentions are highlighted in the table below.

Fellows were asked, “What is the biggest take away from the Fellowship?”.

The most common response from Fellows was the network and supportive environment developed during the Fellowship.

“For me, it was the

Fellowship itself, meeting

great minds and businesses.

Knowing that I am not alone

in this journey..” –

Elohor Thomas,

Founder of CodeLn, Nigeria

Where to from here?

The FirstCo-Working Space, Imagineering Lab

& Tech Gym forWomen Entrepreneurs

in Engineering & Tech in Africa supporting Female Founders to

CONNECT, COLLABORATE & CONVERT

WomHub has a Virtual Hub and is building a Co-Working Space to provide a home for female founders which is designed to inspire and help female founders connect with like-minded companies in the ecosystem

CONNECT

CULTIVATEThe WomHub Imagineering Lab explores the possibilities and pushes the boundaries for female centric innovation to meet the $28 trillion dollar female consumer market while leveraging the opportunity of the 4th

Industrial revolution. At the centre is our Deep Tech lab on Cyber Security for women and a Maker Space for product development & rapid prototyping

The WomHub Incubator provides support in the form of business coaches, mentors & start-up experts to help you convert your idea into a thriving business. We are raising a Female Fund to finance female led innovation. Currently less than 2% of VC funding goes to female founders

CONVERT

Revenue

Bespoke development programmes

for clients

Recruitment services

through our virtual hub

Advertising on our virtual

Rent from Co-Working

Data Analytics and Insights Gaming &

Content licensing

Investing in our Start-Ups

Entrepreneur Training

Programmes

Tech Gym

Sustainability Plan

What we are looking for

New Clients

Impact Investment

Incubator Funder

LP for the VC fund or VC firm partner

Partnerships to build global hub group

Our Team

• Co-Founders leading exerts working on gender parity in engineering for over 15 years

• 9 Full time Staff• 100 volunteer

staff globally• All female

engineers

• Top 20 power women in Africa – Forbes Magazine• Fortune/Goldman Sachs Most Powerful Woman Award• Best TVET programme – African Union• Special Award by UNESCO & Gov of China for our work

on Girls Education in Africa• WEF Future Council – Gender, Education & the Future

of Work• WFEO Women in Engineering STC• Global Finalist – Qatar WISE Award for Innovation in

Education• Unilever Social Entrepreneur Awards - Finalist

Our Accolades

Lets revolutionize the face of engineering business

hema@womhub.comnaadiya@womhub.com

www.womeng.org

WomEng

@_WomEng

Let’s revolutionize the face of engineering together.

info@womeng.org

From Participation To Ownership - WEC 2019 · 2019. 11. 27. · Attract | Develop | Retain...

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